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CBO: Senate health plan to cost $849 billion (the estimate's finally out barf alert)

November 18th, 2009 by MSNBC Filed under Featured, Feeds, Free Republic, Politics.[0 views]
Measure would add coverage for 31 million, reduce deficit over 10 years Health care legislation heading for the Senate floor this week would extend coverage to 31 million uninsured Americans at a cost of $849 billion over a decade, according to congressional budget experts. As rank-and-file Democrats gathered Wednesday to learn details of the long-awaited bill, the Congressional Budget Office also estimated the legislation would reduce federal deficits by a total of $127 billion over that decade, NBC News reported. The budget agency also projected that the legislation would cover 94 percent of Americans. The political stakes were enormous...

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